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PM Khan opts parallel stance to Umar, says may not approach IMF

ISLAMABAD (Muslim Times) – Opting quite parallel stance to his finance minister, Prime Minister Imran Khan on Wednesday stated that Pakistan might not have to approach to International Monetary Fund (IMF) as consultation with ‘friendly countries’ was still underway.

In a meeting with journalist bodies, the premier predicted good news for inflation and poverty-riddled masses in the next six months whereas he also vowed to fix the faults of economy with difficult decisions.

“Much will change in the upcoming months”, stated Khan.

The premier added that Pakistan’s economy has been completely annihilated by the previous governments. Khan apprised attendants that debt burden was hurting the ruling Pakistan Tehreek-e-Insaf’s (PTI) cause of reviving the economy.

“Whenever we announce probe against the corrupts and money laundering, it endangers democracy”, taunted Khan.

PM directed to immediately end 5pc duty on news print and lauded role of media.

PM’s statement came a day after finance minister Asad Umar’s remarks that Pakistan immediately need as many as $15 billion for bridging the current account deficit. Umar also hinted at approaching World Bank and Asian Development Bank for acquiring another $5 bln.

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